CMB.Tech NV (OSL:CMBTO) Shiller PE Ratio: 10.90 (As of Aug. 30, 2026) — 51% Below Median

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OSL:CMBTO CMB.Tech NV OSL:CMBTO
61 GF Score
Price kr171.80
GF Value kr163.94
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is CMB.Tech NV Shiller PE Ratio?

CMB.Tech NV OSL:CMBTO +0.12% 61 Shiller PE Ratio is 10.90 as of Aug. 30, 2026, which is 51% below its 10-year median of 22.26. GuruFocus rates OSL:CMBTO with a GF Score™ of 61/100 and a GF Value™ of kr163.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 440 Oil & Gas companies, CMB.Tech NV ranks better than 72.95% on this metric.

As of today (2026-08-30), CMB.Tech NV's current share price is kr171.80. CMB.Tech NV's E10 for the quarter that ended in Jun. 2026 was kr15.76. CMB.Tech NV's Shiller PE Ratio for today is 10.90.

The historical rank and industry rank for CMB.Tech NV's Shiller PE Ratio or its related term are showing as below:

OSL:CMBTO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.1   Med: 22.26   Max: 848.5
Current: 11.37

During the past years, CMB.Tech NV's highest Shiller PE Ratio was 848.50. The lowest was 5.10. And the median was 22.26.

OSL:CMBTO's Shiller PE Ratio is ranked better than
72.95% of 440 companies
in the Oil & Gas industry
Industry Median: 17.75 vs OSL:CMBTO: 11.37

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

CMB.Tech NV's adjusted earnings per share data for the three months ended in Jun. 2026 was kr12.074. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is kr15.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CMB.Tech NV  (OSL:CMBTO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


CMB.Tech NV Shiller PE Ratio Related Terms


CMB.Tech NV Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for CMB.Tech NV's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CMB.Tech NV Shiller PE Ratio Chart

CMB.Tech NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 329.58 38.65 16.67 6.74 6.41

CMB.Tech NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.71 6.25 6.41 8.40 8.87

OSL:CMBTO vs WMB, EPD, KMI: Shiller PE Ratio Comparison

For the Oil & Gas Midstream subindustry, CMB.Tech NV's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CMB.Tech NV Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CMB.Tech NV's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CMB.Tech NV's Shiller PE Ratio falls into.


OSL:CMBTO
61GF Score
CMB.Tech NV OSL:CMBTO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CMB.Tech NV Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

CMB.Tech NV's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=171.80/15.76
=10.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CMB.Tech NV's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, CMB.Tech NV's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.074/138.0500*138.0500
=12.074

Current CPI (Jun. 2026) = 138.0500.

CMB.Tech NV Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.000 102.118 0.000
201612 2.740 102.614 3.686
201703 1.871 103.972 2.484
201706 -1.354 103.902 -1.799
201709 -1.332 104.170 -1.765
201712 0.998 104.804 1.315
201803 -1.943 105.419 -2.544
201806 -0.487 106.063 -0.634
201809 -2.391 106.618 -3.096
201812 0.259 107.252 0.333
201903 0.775 107.876 0.992
201906 -1.554 107.896 -1.988
201909 -0.901 107.470 -1.157
201912 6.407 108.065 8.185
202003 10.752 108.550 13.674
202006 11.535 108.540 14.671
202009 2.199 108.441 2.799
202012 -2.177 108.511 -2.770
202103 -2.979 109.522 -3.755
202106 -3.790 110.305 -4.743
202109 -4.502 111.543 -5.572
202112 -3.233 114.705 -3.891
202203 -1.943 118.620 -2.261
202206 -0.195 120.948 -0.223
202209 0.824 124.120 0.916
202212 11.560 126.578 12.608
202303 9.163 126.528 9.997
202306 8.637 125.973 9.465
202309 6.113 127.083 6.641
202312 21.204 128.292 22.817
202403 26.106 130.552 27.605
202406 10.297 130.691 10.877
202409 5.524 130.968 5.823
202412 5.498 132.346 5.735
202503 2.456 134.348 2.524
202506 0.402 133.495 0.416
202509 0.696 133.740 0.718
202512 3.133 135.070 3.202
202603 12.266 136.560 12.400
202606 12.074 138.050 12.074

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.90 mean?
CMB.Tech NV (OSL:CMBTO) has a Shiller PE Ratio of 10.90 as of Aug. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on CMB.Tech NV and its competitors. This is 51% below median its historical median of 22.26. Over the past decade, CMB.Tech NV's Shiller PE Ratio has ranged from 5.10 to 848.50. According to the industry distribution chart, CMB.Tech NV ranks #119 out of 440 companies in the Oil & Gas industry, placing it in the top 27%.
Is CMB.Tech NV's Shiller PE Ratio too high?
CMB.Tech NV's current Shiller PE Ratio of 10.90 is 51% below median its 10-year median of 22.26. Over the past 10 years, this metric has ranged from a low of 5.10 to a high of 848.50. The Oil & Gas industry median Shiller PE Ratio is 17.75. CMB.Tech NV's value of 10.90 is 38.6% below this industry median. Based on the distribution chart, CMB.Tech NV ranks #119 out of 440 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CMB.Tech NV has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's Shiller PE Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #119 out of 440 companies for Shiller PE Ratio. This puts CMB.Tech NV in the upper half of its industry. The industry median Shiller PE Ratio is 17.75. CMB.Tech NV's value of 10.90 is 38.6% below this benchmark. Historically, CMB.Tech NV's own Shiller PE Ratio has ranged from 5.10 to 848.50 over the past decade. While the company's 10-year median is 22.26 vs. the industry median of 17.75, CMB.Tech NV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 17.75, based on 440 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMB.Tech NV's current Shiller PE Ratio of 10.90 is 38.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on CMB.Tech NV and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 17.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMB.Tech NV's current Shiller PE Ratio is 10.90, which is 51% below median its own 10-year median of 22.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (OSL:CMBTO) is currently considered Fairly Valued. The stock's GF Value™ is kr163.94, compared to a current price of kr171.80 — trading 4.8% above its estimated fair value. The current Shiller PE Ratio is 10.90, which is 51% below median its 10-year median of 22.26 and 38.6% below the Oil & Gas industry median of 17.75. CMB.Tech NV's overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For CMB.Tech NV (OSL:CMBTO), the current Shiller PE Ratio is 10.90 as of Aug. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CMB.Tech NV (OSL:CMBTO) Overvalued in 2026?

Based on GuruFocus' analysis, CMB.Tech NV stock appears to be overvalued. The current stock price of kr171.80 is trading 4.8% above its estimated GF Value™ of kr163.94. GuruFocus considers CMB.Tech NV to be Fairly Valued.

Key valuation signals for OSL:CMBTO:

  • Shiller PE Ratio: 10.90 (51% below median its 10-year median of 22.26)
  • GF Value™: kr163.94 vs. price of kr171.80 (4.8% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 38.6% below the Oil & Gas median (#119 of 440)

No single metric tells the full story. See the OSL:CMBTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMB.Tech NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
61GF Score

Get the complete analysis for OSL:CMBTO

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr171.80
Price
kr163.94
GF Value